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CC Resolution 9818 .. RESOLUTION NO. 9818 A RESOLUTION OF THE CAMPBELL CITY COUNCI AUTHORIZING THE EXECUTIVE DIRECTOR OF THE REDEVE OPMENT AGENCY TO EXECUTE A DISPOSITION AND DEVELOP ENT AGREEMENT WITH PROJECT MATCH FOR THE DEVELOPMENT OF HOUSING FOR LOW INCOME SENIORS AT 2011 POLLARD A VEN E APN: 403-21-007 WHEREAS, the City Council is interested in the development of affor ble housing units within the Redevelopment Project Area as well as outside the Project Are when opportunities are available and Agency affordable housing goals can be achieve ; and WHEREAS, the City Council desires to cause the development f the Property as an affordable rental house for up to five low income seniors; and WHEREAS, pursuant to Health and Safety Code Section 33433, the A ncy is entering into a Disposition and Development Agreement (the "DDA") with Project Matc (the "Developer") substantially in the form on file with the City Clerk, under which he Developer agrees to develop the Property in compliance with the terms and conditions as s t forth; and WHEREAS, the County of Santa Clara Airports & Roads desires to sel the property to the Agency for the fair market value price of $450,000 and the Agency will con ey the property to the Developer as a grant and agrees to waive park dedication fees for develo ent of the single family dwelling that will be affordable to very low income seniors consis ent with the terms and conditions of the DDA; and WHEREAS, the Project is consistent with the City's General Plan and t e goals and objectives of the Agency's Housing Production; and WHEREAS, the Project as defined is Categorically Exempt under the C lifomia Environmental Quality Act (CEQA) in that it is an in-fill project in an urbanize area proposed in compliance with the General Plan. NOW, THEREFORE, BE IT RESOLVED, that the Campbell City C ncil approves the DDA and all ancillary documents; and authorizes the Executive Director to xecute the DDA and ancillary documents in substantially the form on file with the City Clerk. - PASSED AND ADOPTED, this 6th day of March, 2001 by the followi g roll call vote: AYES: Councilmembers: NOES: Councilmembers: ABSENT: Councilmembers: ATTEST: ~ Anne Bybee, City Clerk Furtado, Kennedy, Burr, Watson, De n None None APPROVED: